Cibc Foundation
Cibc Foundation: Consistent Revenue, Stable Assets, and Zero Compensation
EIN: 222455774 · Blue Bell, PA · Updated: 2026-04-04
About Cibc Foundation
Cibc Foundation (EIN: 222455774) is a nonprofit organization based in Blue Bell, PA. The organization reported total revenue of $1.0M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cibc Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cibc Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Cibc Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally managed structure without direct salary payments to executives from the foundation's funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cibc Foundation:
- Consistent revenue generation, with over $900,000 in 2023.
- Stable and healthy asset base, consistently around $9 million.
- Zero reported executive compensation, maximizing funds for mission.
- Low liabilities relative to assets, indicating strong financial health.
Frequently Asked Questions about Cibc Foundation
What does Cibc Foundation do?
Cibc Foundation is a nonprofit organization in the Unknown sector, located in Blue Bell, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Cibc Foundation have?
Cibc Foundation reported total revenue of $1,028,303. Based on 13 IRS 990 filings on record.
What are Cibc Foundation's total assets?
Cibc Foundation holds total assets of $9,399,073 as reported in IRS 990 filings.
Where is Cibc Foundation located?
Cibc Foundation is based in Blue Bell, Pennsylvania.
What is Cibc Foundation's EIN?
Cibc Foundation's Employer Identification Number (EIN) is 222455774. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cibc Foundation?
Cibc Foundation is classified under NTEE code Unknown (Unknown).
Is Cibc Foundation a registered 501(c)(3)?
Cibc Foundation appears in IRS records (EIN: 222455774). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Cibc Foundation file IRS Form 990?
Yes, Cibc Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Cibc Foundation's revenue in 2023?
In the 202306 filing period, Cibc Foundation reported total revenue of $906,029, total expenses of $934,857, and net assets of $9,007,707.
Is Cibc Foundation's revenue growing or declining?
Cibc Foundation's revenue is relatively stable. Revenue went from $915,886 (202206) to $906,029 (202306), a -1.1% change. Based on 13 filings on record.
What is Cibc Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Cibc Foundation covers tax period 202306. It shows revenue of $906,029, expenses of $934,857, total assets of $9,007,707, and liabilities of $3,047,916.
How much does Cibc Foundation spend on programs vs administration?
Based on IRS 990 analysis, Cibc Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Cibc Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Cibc Foundation appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Cibc Foundation's strengths?
Positive indicators for Cibc Foundation include: Consistent revenue generation, with over $900,000 in 2023.. Stable and healthy asset base, consistently around $9 million.. Zero reported executive compensation, maximizing funds for mission.. Low liabilities relative to assets, indicating strong financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Cibc Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally managed structure without direct salary payments to executives from the foundation's funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Cibc Foundation?
• The foundation consistently reports 0% compensation, indicating all funds are directed towards programs or operational costs outside of direct salaries. • Financial filings show a stable asset base over the past several years, with assets around $9 million in 2023. • Revenue has fluctuated but remained over $900,000 in 2023, demonstrating ongoing support. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 0% compensation, how does the Cibc Foundation manage its operational and administrative functions?
The consistent reporting of 0% compensation suggests that administrative and operational functions might be supported by a parent organization (CIBC, given the name), through pro-bono services, or by volunteers, rather than through direct salary expenditures from the foundation's own funds.
Filing History
IRS 990 filing history for Cibc Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cibc Foundation's revenue has grown by 275.1%, moving from $242K to $906K. Total assets increased by 192.5% over the same period, from $3.1M to $9.0M. Total functional expenses rose by 257.7%, from $261K to $935K. In its most recent filing year (2023), Cibc Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $9.0M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $906K | $935K | $9.0M | $3.0M | — | — |
| 2022 | $916K | $863K | $9.6M | $3.2M | — | View 990 |
| 2021 | $1.6M | $811K | $9.6M | $3.4M | — | View 990 |
| 2020 | $1.1M | $736K | $8.6M | $3.4M | — | View 990 |
| 2019 | $1.2M | $873K | $8.3M | $3.6M | — | View 990 |
| 2018 | $1.2M | $834K | $8.1M | $3.7M | — | View 990 |
| 2017 | $992K | $700K | $7.8M | $4.0M | — | View 990 |
| 2016 | $878K | $733K | $7.6M | $4.0M | — | View 990 |
| 2015 | $737K | $630K | $7.2M | $3.8M | — | View 990 |
| 2014 | $661K | $453K | $6.5M | $3.3M | — | View 990 |
| 2013 | $370K | $289K | $3.5M | $445K | — | View 990 |
| 2012 | $264K | $251K | $3.1M | $275K | — | View 990 |
| 2011 | $242K | $261K | $3.1M | $237K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $906K, expenses of $935K, and assets of $9.0M (revenue -1.1% year-over-year).
- 2022: Revenue of $916K, expenses of $863K, and assets of $9.6M (revenue -42.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $811K, and assets of $9.6M (revenue +47.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $736K, and assets of $8.6M (revenue -11.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $873K, and assets of $8.3M (revenue +6.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $834K, and assets of $8.1M (revenue +17.0% year-over-year).
- 2017: Revenue of $992K, expenses of $700K, and assets of $7.8M (revenue +12.9% year-over-year).
- 2016: Revenue of $878K, expenses of $733K, and assets of $7.6M (revenue +19.3% year-over-year).
- 2015: Revenue of $737K, expenses of $630K, and assets of $7.2M (revenue +11.5% year-over-year).
- 2014: Revenue of $661K, expenses of $453K, and assets of $6.5M (revenue +78.4% year-over-year).
- 2013: Revenue of $370K, expenses of $289K, and assets of $3.5M (revenue +40.5% year-over-year).
- 2012: Revenue of $264K, expenses of $251K, and assets of $3.1M (revenue +9.1% year-over-year).
- 2011: Revenue of $242K, expenses of $261K, and assets of $3.1M.
Data Sources and Methodology
This transparency report for Cibc Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.